Alterra Capital definition

Alterra Capital means Alterra Capital Holdings Limited, a Bermuda exempt company and the surviving company in the Merger.

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Alterra Capital means and refer to Alterra Capital Holdings Limited.

Alterra Capital has the meaning set forth in the introductory paragraph.

Examples of Alterra Capital in a sentence

• All notices, demands and other communications provided for or permitted hereunder shall be made in writing and shall be delivered by personal delivery, courier services, registered or certified first class mail, return receipt requested or facsimile: If to the Company: Alterra Capital Holdings Limited ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇ Bermuda If to the Grantee, at the Grantee’s last known address on file with the Company.

• At any time an Event of Default has occurred and is continuing, at the request of the Administrative Agent, Alterra Capital shall cause such Borrower to take such actions as may be necessary to ensure that its Collateral consists solely of Cash and Cash Equivalents; provided, that the concentration limits with regard to Cash Equivalents shall not apply.

• All notices, demands and other communications provided for or permitted hereunder shall be made in writing and shall be delivered by registered or certified first class mail, return receipt requested, telecopier, courier service or personal delivery: If to the Company: Alterra Capital Holdings Limited ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇ Bermuda If to the Grantee, at the Grantee’s last known address on file with the Company.

• All notices, demands and other communications provided for or permitted hereunder shall be made in writing and shall be delivered by personal delivery, courier service, registered or certified first class mail, return receipt requested, or facsimile: If to the Company: Alterra Capital Holdings Limited Alterra House ▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ 11 Bermuda If to the Grantee, at the Grantee’s last known address on file with the Company.

• A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling Alterra Capital to require such assignment and delegation cease to apply.

• If at any time a Borrower’s Borrowing Base is less than its Borrower’s Outstanding Amount, Alterra Capital will cause such Borrower to immediately (and in any event within two Business Days) deposit into its Collateral Account Eligible Collateral or reduce its Borrower’s Outstanding Amount, or a combination of the foregoing, in an amount sufficient to eliminate such excess.

• Any notice, demand, consent, acknowledgement, direction, certification or other communication delivered to Alterra Capital in accordance with the terms of this Agreement shall be deemed to have been delivered to each Designated Borrower.

• The Obligations of Alterra Capital under this Article X are independent of the Guaranteed Obligations, and a separate action or actions may be brought and prosecuted against Alterra Capital to enforce this Article X, irrespective of whether any action is brought against any Guaranteed Borrower or whether any Guaranteed Borrower is joined in any such action or actions.

• Concurrently with the delivery to the Administrative Agent of the GAAP financial statements under Sections 6.01(a), a duly completed Compliance Certificate, signed by the Responsible Officer of Alterra Capital.

• Alterra Capital and each ERISA Affiliate have made all required contributions to each Plan subject to Section 412 of the Code, and no application for a funding waiver or an extension of any amortization period pursuant to Section 412 of the Code has been made with respect to any Plan.

More Definitions of Alterra Capital

Alterra Capital and collectively with Alterra Bermuda, the “Borrowers”), certain Lenders, and Bank of America, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”), are parties to a Credit Agreement, dated as of August 7, 2007 (as amended, modified, restated or supplemented from time to time, the “Credit Agreement”), providing for the availability of certain credit facilities to the Borrowers upon the terms and conditions set forth therein.